In today’s briefing:
- Yangzijiang Shipbuilding: Get Involved
Yangzijiang Shipbuilding: Get Involved
- Yangzijiang Shipbuilding (YZJSGD SP)‘s EGM will be held on 18 April to vote on the proposed spin-off and listing of the company’s investment segment, YZJ Financial Holdings Ltd (YZJFH).
- This spin-off involves an in-specie distribution of YSJFH, with a possible listing by month-end.
- YZJ’s shares have had a solid run since the initial restructuring announcement last November. There looks to be still more juice left in the trade.
Before it’s here, it’s on Smartkarma